Best Formula 1 Betting Sites - F1 Betting Tips & Predictions

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Are you ready to dive into the heart of sports betting with Formula One? On this page, I’ll take you through what this F1 has to offer in terms of betting potential. You will be provided with an overview of the best F1 betting sites in Ireland where every punter gets a chance to explore the most competitive odds. Tips on how to wager will also be discussed and you’ll discover the top bonuses for F1 punters. This review will be your guide throughout what’s left of the 2023 Formula One season.

Best Formula 1 Betting Sites

1.
Boyle​Sports
Bonus:
€30

18+ | New customers only. Min stake €/£10 | 30 days to qualify | Payment method restrictions exist | Play Responsibly | Terms and Conditions apply. http://www.begambleaware.org

2.
Mr Green Sport
Bonus:
50€ In Free Bet

18+ New players only. Qualifying bet(s) must have minimum odds of 3/1 and must be settled before triggering free bet. Free Bet must be used on an accumulator with 3 or more selections. 18+. begambleaware.org. T&Cs apply. www.begambleaware.org

3.
Betinia Sports
Bonus:
€100FIRST DEPOSIT BONUS

18+ | New players only | Min. deposit 20EUR | The wagering must be met within 30 days | Additional wagering, banking, terms & conditions apply | Play Responsibly | www.begambleaware.org

Assemble a winning F1 Fantasy team by balancing drivers, track knowledge, and budget for a chance to win valuable prizes.

🏆 Best F1 Betting Sites by Category

Before we discuss the best Formula 1 betting sites, I thought it wise to classify the various betting sites by category. For more information check out our best betting sites page so you can decide which ones suit your needs.

⚽ Best F1 Sport Odds Checker:

William Hill Sports

🎁 Best F1 Free Bet Bonus:

Betway

📡 Best F1 Sport Live Betting Site:

Ladbrokes

💯 Best F1 Betting Site:

BoyleSports

Best F1 Betting Site: BoyleSports

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BoyleSports is a well-known site in the online betting world. The bookie has a modern betting interface where you are allowed to bet on over 25 different sports including Formula 1. When placing your wagers at BoyleSports, you get interesting betting odds and have the chance to use the sportsbook’s odds checker feature. When you first join BoyleSports, you can expect a €60 free bets bonus after betting your first €10. This is awarded alongside 10 to be used on casino games. You can place pre-game, live, and future bets on events and there’s a bet calculator for accumulated wagers too.

You can learn more about this sportsbook by checking out this BoyleSports review.

Best F1 Sport Odds Checker: William Hill

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William Hill has long existed in the land-based gambling sphere before its online betting platform was launched. The bookie is the proud provider of numerous betting markets in F1, Gaelic Sports, MMA, Tennis, and more than 25 other sports. Here, you’ll experience sports betting like never before, with an easy-going interface and competitive offers. To help you get started, William Hill offers all its new members a €40 free bets bonus. This promo is available immediately after your first €10 bet is placed and it is given in four rounds of €10 each. It requires the bonus code BB40 must be used.

You can discover more about what this sportsbook has to offer by checking this complete William Hill review.

Best F1 Live Betting Site: Ladbrokes

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Ladbrokes is a popular provider of sports betting services in Ireland both online and at physical locations. At this site, you’ll be served with no less than 35 sports including Athletics, Tennis, Cricket, Rugby, and Formula 1. Apart from these, Ladbrokes has a dedicated section for esports like Dota 2 and CS: Go. You can explore its in-play feature when betting on sports to take advantage of updated odds. What’s more, you’ll also get to experience its live streaming service, which can be accessed via desktop or mobile. The site also frequently provides F1 betting tips. If you’re joining Ladbrokes for the first time, a €20 free bets bonus could be yours once you bet €5 on sports.

Check this Ladbrokes review to know more.

Best F1 Free Bet Bonus: Betway

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Betway Sports has it all but if there’s one thing for which this sportsbook beats its competitors, that would be its wide betting markets. Not only are there many options to bet on but they are made available early enough to give you time to decide on what to bet. You can choose your preferred odds system, switch from one sport to the next or even from the betting page to the casino platform. A very enticing aspect of this sportsbook is its welcome offer through which you can claim up to €50 in free bets if your very first wager is lost. This comes alongside 50 spins to explore at Betway Casino. Banking-wise, the sportsbook can offer you quick cash outs.

To know more, check this Betway review.

Note that terms of use apply to each of the free bets mentioned above. Check the sportsbook for all relevant info.

📅 F1 Schedule 2023

The 2023 Formula 1 season has unveiled an extensive 23-race schedule, featuring the highly anticipated addition of the Las Vegas Grand Prix. Explore the comprehensive Formula 1 schedule right here.

EventLocationDate of Event
Bahrain GPBahrain International Circuit5th March
Saudi Arabia GPJeddah Street Circuit19th March
Australia GPAlbert Park2nd April
Azerbaijan GPBaku City Circuit30th April
Miami GPMiami International Autodrome7th May
Monaco GPCircuit de Monaco28th May
Spanish GPCircuit de Catalunya4th June
Canadian GPCircuit Gilles Villeneuve18th June
Austrian GPRed Bull Ring2nd July
British GPCircuit Silverstone9th July
Hungarian GPHungaroring23th July
Belgian GPSpa-Francorchamps30th July
Dutch GPCircuit Zandvoort27th August
Italian GPAutodromo Nazionale Monza3rd September
Singapore GPMarina Bay Street Circuit17th September
Japan GPSuzuka Circuit24th September
Qatar GPLosail International Circuit8th October
US Grand PrixCircuit of the Americas22nd October
Mexico Grand PrixAutodromo Hermanos Rodriguez29th October
Brazilian GPAutodromo Jose Carlos Pace Interlagos5th November
Las Vegas Grand PrixLas Vegas Street Circuit19th November
Abu Dhabi Grand PrixYas Marina Circuit26th November

📅 F1 Driver Standings - 2023 Season

2023 Driver Standings

Postion Driver Team Points
1 Max Verstappen RED BULL RACING HONDA RBPT 549 points
2 Sergio Pérez RED BULL RACING HONDA RBPT 273 points
3 Lewis Hamilton MERCEDES 232 points
6 Carlos Sainz Jr. FERRARI 200 points
4 Fernando Alonso ASTON MARTIN ARAMCO MERCEDES 200 points
5 Lando Norris MCLAREN MERCEDES 195 points
7 Charles Leclerc FERRARI 188 points
8 George Russell MERCEDES 160 points
9 Oscar Piastri MCLAREN MERCEDES 89 points
10 Lance Stroll ASTON MARTIN ARAMCO MERCEDES73 points
11 Pierre Gasly ALPINE RENAULT 62 points
12 Esteban Ocon ALPINE RENAULT 58 points
13 Alexander Albon WILLIAMS MERCEDES 27 points
14Yuki TsunodaALPHATAURI HONDA RBPT13 points
15 Valtteri Bottas ALFA ROMEO FERRARI 10 points
16Nico HulkenbergHAAS FERRARI9 points
17 Daniel Ricciardo ALPHATAURI HONDA RBPT 6 points
18 Zhou Guanyu ALFA ROMEO FERRARI 6 points
19 Kevin Magnussen HAAS FERRARI 3 points
20 Liam Lawson ALPHATAURI HONDA RBPT2 points
21 Logan Sargeant WILLIAMS MERCEDES 1 points
22 Nyck De Vries ALPHATAURI HONDA RBPT0 points

🏁 F1 Predictions

F1 is one of the world’s most prestigious sports and its hosting across different continents has only made it more popular. As the highest level of single-seat racing on the planet, the competition unites the most talented car race drivers under the watchful eyes of the FIA. Each year, two championships are awarded: the Drivers and the Constructors Championships. A few venues for the 2023 F1 season are the Las Vegas Grand Prix.

Mexico Grand Prix 2023On Sunday, October 29, it's race weekend in Mexico and Formula 1 drivers will meet for the Mexico City Grand Prix.
➡️ Our forecast: Victory for Sergio "Checo" Pérez 🏎️
Abu Dhabi Grand Prix 2023In both 2021 and this year's Abu Dhabi Grand Prix, Max Verstappen showcased exceptional skill, clinching victory and securing the world championship title in 2023. With his current championship in hand, the final race serves as a chance for Verstappen to enhance his personal records and solidify his status as a dominant force in Formula 1. Our forecast for this last season's race:
➡️ Victory for Max Verstappen 🏎️
Las Vegas Grand Prix 2023Formula 1 is set to electrify the entertainment capital of the world from November 16 to 19, 2023, with a thrilling race along the iconic Las Vegas Strip. Our forecast for this iconic race:
➡️ Victory for Max Verstappen 🏎️
US Grand PrixOn Sunday 22nd October, Red Bull and Max Verstappen will be gunning for victory after the clinching of the World Championship title at the Lusail International Circuit.
➡️ Our forecast: Victory for Max Verstappen 🏎️
Qatar GP 2023On Sunday 8th October, Red Bull will surely be gunning for victory after the clinching of the contructors title at the Suzuka Circuit, you can expect Red Bull in high spirits.
➡️ Our forecast: F1 World Title for Max Verstappen 🏎️
Japan GP 2023On Sunday 24th September, Red Bull will surely be gunning for victory after the disappointment at the Marina Bay Street Circuit, you can expect a McLaren in high spirits.
➡️ Our forecast: Podium for Lando Norris 🏎️
Singapore GP 2023On Sunday 17 September, the Formula 1 drivers meet again for the highly technical Singapore Grand Prix.
➡️ Our forecast: Max Verstappen wins 🏎️
F1 Australia GP 2023On Sunday 2 April, the F1 season continues with the Australian Grand Prix... Max Verstappen's victory
F1 Saudi Arabia GP 2023On Sunday 19 March 2023, Formula 1 will have a new destination for the Saudi Arabian Grand Prix... Max Verstappen's victory

📈 Formula One Sport Betting Markets

There are a lot of markets to explore when betting on F1 races. These may vary from one betting site to the other but overall, you’ll be looking at what each driver and team can do. Depending on the circuit, its difficulties, and its history, some markets may be more favoured than others. In the sections below, we’ll take a moment to look at some of the most common F1 markets provided by top Irish sportsbooks. These will include the fastest lap during a race, race winner, and podium finish.

Race Winner Bets

As earlier said, Formula One is an intercontinental event with races held in cities with ever-changing circuits. In other words, for each race that comprises the tournament, there is a specific winner. To better illustrate this, let’s consider the Italian Grand Prix 2023 which occurred on September 3rd at the Monza Circuit, Italy. The race was a record breaker for the most consecutive wins by Red Bull drivers as Max Verstappen won his tenth consecutive race. On the podium, Max Verstappen was accompanied by Sergio Pérez and polesitter Carlos Sainz Jr.

Fastest Lap Bets

There’s little doubt that F1 is a competition for the fastest car racing drivers in the world. However, because there’s bound to be one driver with an outstanding rapidity, it’s possible to bet on the fastest lap of a given race. Indeed, in 2007, multinational logistics company DHL redefined the F1 speed standards with the award of the DHL Fastest Lap award which crowns the speediest driver of the season. A good example here is the Singapore Grand Prix where Mercedes’ Lewis Hamilton recorded the fastest lap at 1:35.867.

Podium Finish Bets

It’s quite common for sports events to have three teams on the podium at the end of a tournament. By betting that a driver will hold one of the first three positions, you’re placing a podium finish. No need to specify whether they’ll finish first, second, or third as the essence is for them to be on the podium. At the Japanese Grand Prix which took place on September 24th, 2023, the drivers on the podium were Max Verstappen, Lando Norris, and Oscar Piastri. A podium bet on any of these three drivers would have been successful. Note that, this bet type is like the To-Win bet with an added advantage of relatively safer odds of winning.

Driver Matchup Bets

For this season of Formula One, Max Verstappen has so far proven to be a fairly safe bet as he currently holds the first place before his fellow teammate Sergio Perez followed by Mercedes’ Lewis Hamilton. Considering this, you may like to choose two of these top-placed drivers to place a bet on who will have a better performance than the other. With the F1 Qatar Grand Prix coming up on October 8th, it may be a chance to try out a driver matchup bet. Max Verstappen is clearly a favourite and so are S. Perez and L. Hamilton whose worst record for the season was observed in Austria, 8th place.

Pole Position

In racing, when we talk about pole position, we’re simply referring to the car that will have the most advantageous starting position on the track. This is determined using statistics and is earned by the best qualifying driver. As such, a pole position bet is a bet that predicts which driver will earn the pole position by obtaining the best qualifying time. In order to win this bet, the chosen driver must be the pole-sitter or have the first slot at the beginning of the race. During the qualifying laps of the Japanese Grand Prix, Max Verstappen claimed pole position over half a second ahead of McLaren’s drivers Oscar Piastri and Lando Norris.

Constructor Winner

A popular Formula 1 (F1) betting market where you can wager on which F1 team, also known as a constructor, will accumulate the most championship points over the course of an F1 season. In Formula 1, both individual drivers and teams (constructors) compete for championship titles. The Constructor Winner bet focuses on the teams' performance rather than individual drivers. Each team earns points based on the combined results of their two drivers in each race.

Future Bets

If from the very first race, you can tell which driver or team will win at the end, then you’re probably on your way to a winning future bet. As the name indicates, future bets are predictions made ahead of time, on the winner of the Drivers or Constructors Championship. It can be placed at the very beginning of the tournament and runs till the end. When placed early, you can take advantage of the most competitive F1 betting odds as over time odds may drop once it becomes clear who the favourite is. At this stage of the F1 2023 season, Red Bull seems to be doing well for themselves as the team currently stands first with 623 points. Chances are high that they maintain this position to the end of the tournament.

📢 F1 Sport Free Bets and Promotions

How about I share with you some of the best free bet promos and sports bonuses you can enjoy at best F1 betting sites?

SportsbookOffer
Bet €10,
get €60 in free bets
Matched deposit
up to €100
Up to
€50 in free bets
if first bet loses
Bet €10,
get €10 in free bets
Bet €10,
get €30 in free bets
Bet €10,
get €30 in free bets
+ €10 casino bonus
100% Matched Bet Up to €100
Up to
€40 back
if first bet loses
Bet €10,
get €40 in free bets
10% cashback
up to €500

Terms and conditions apply. All T&Cs can be found on each bookmaker's website.

💡 F1 Betting Tips | Bet on Formula 1 Online

When betting on F1, you should know a few things to get the most out of your betting experience. Two main points I consider a must for every punter are discussed below. In order to be able to make as smart bets as possible, it is important that you keep an eye on the standings during the course of the competition. You can do this, among other things, via the Formula 1 official website. You can of course also search for Formula 1 standings or Formula 1 calendar 2023 to get the latest results.

Analyse Betting Markets

For each F1 race, you’ll be provided several markets on which to bet at the sportsbook. It’s important to take the time to analyse each market to pick the one with the highest winning potential. Check previous and current statistics on drivers, teams, and race circuits.

Embrace Responsible Gambling

Gambling on sports online requires real money wagers which is why you must not ignore safe gambling habits. Each bet is based on probability meaning you’re not 100% sure of the outcome. You can set limits on how much you bet per race or daily.

Formula 1 odds

Keep an eye out for opportunities where your insights on F1 odds diverge from the bookmakers'. These situations often present valuable betting prospects that shouldn't be overlooked. Trust your instincts and seek out bets that you believe offer substantial value.

❓ Frequently Asked Questions about Formula One Betting

Is it possible to place bets on Formula 1 races?

Yes, you can place bets on secure, licensed betting platforms for Formula 1 that offer diverse markets and perks like F1 free bets. They accept multiple payment methods, including debit and prepaid cards, ensuring convenience and security for bettors.

Where can you bet on F1?

Boylesports, William Hill, and Ladbrokes are highly recommended online platforms for F1 betting. These sites, endorsed by F1 betting experts, boast licenses from gambling regulators, assuring a safe betting experience.

Can you place live bets on F1 races?

The best F1 betting sites offer live ('in-play') betting during races, enabling real-time wagers. Watching the race live is crucial to gauge changing dynamics and make informed betting decisions based on unfolding events. Sky Sports F1 holds the exclusive broadcasting rights for live Formula 1 coverage in both the UK and Ireland, providing the opportunity to watch the races live and bet in real-time.

What bets can you place on F1 races?

In Formula 1 betting, diverse options exist, from predicting race winners to specific outcomes like podium finishes or fastest laps. Bettors can engage in head-to-head comparisons or place season-long bets on Drivers' and Constructors' Championships. Analyzing factors like driver skill, team dynamics, and track conditions is crucial for making informed predictions across these varied betting types.

How do you bet on Formula 1?

Betting on Formula 1 online involves choosing a reputable platform, sigining up by providing personal details and ID, depositing funds via debit card or e-wallet, navigating to the F1 section, and placing bets on races like the Abu Dhabi Grand Prix. Gamble responsibly and stay within your budget when participating in sports betting.

✒️ Orla Byrne: F1 Betting Expert and Tipster

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Orla Bryne is a cheerful and observant person who has gathered remarkable experience in the igaming industry over the past decade. As a senior figure in the Irish online gaming market, Orla has worked on various projects and earned the position of Editor in Chief of Betinireland.ie some time ago. She holds a degree from the Technological University of Dublin as well as a Master's degree in Data Science, both of which have been extremely valuable for her editorial experience.